At a high-level meeting over the weekend, the Chinese vice premier He Lifeng sat down with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer to explore fresh avenues for collaboration.
Drawing on an important consensus from their heads of state on January 17, the two sides engaged in candid, constructive talks about how to address economic challenges and expand the scope of cooperation. He Lifeng highlighted that differences are normal as two major economies with distinct development paths, but stressed that mutual respect, peaceful coexistence and a win-win mindset can turn these differences into opportunities.
âThere are no winners in a trade war,â He Lifeng said. âChina does not want a trade war, but is not afraid of one. If the U.S. side infringes on our rights, we will respond firmly.â
The vice premier emphasized that stable China-U.S. economic and trade relations are vital not only for both countries but also for global growth. He called on both sides to âmake the pie of cooperation biggerâ by extending their list of cooperative projects and injecting more certainty into the world economy.
As a concrete outcome, the two sides agreed to establish a new economic and trade consultation mechanism, ensuring regular communication on ongoing concerns and opportunities.
For global citizens, entrepreneurs and changemakers, this dialogue signals a renewed commitment by the worldâs two largest economies to tackle shared challenges togetherâand a chance to unlock fresh partnerships across sectors from tech innovation to sustainable development.
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Chinese vice premier urges China, U.S. to extend list of cooperation
cgtn.com
